Investment / Finance / M&A

May 14th, 2018 - Consolidation in Canada’s nascent marijuana industry is heating up, with two of the largest players agreeing to the biggest merger seen so far in the sector.
Aurora Cannabis Inc. agreed to buy rival MedReleaf Corp. for about C$2.9...

February 8th, 2018 - Tobacco company Alliance One International Inc. (NYSE:AOI), announced on Thursday news of their 75 percent equity position in Canadian-licensed producer Island Garden Inc. and their 80 percent stake in LP Goldleaf Pharm Inc. With...

January 30th, 2018 - Cannabis Wheaton, a Canadian cannabis streaming company, announced that it had acquired 80% of Uruguay cannabis company Inverell. The Montevideo-based business has a federal license to produce high-CBD, low-THC cannabis strains.Inverell...

January 4th, 2018 - Phivida Holdings Inc. ("Phivida" or the "Company" traded as ("VIDA:CNX") or ("PHVAF") announced today that it has entered into a distribution agreement with Green Reef Distributing Inc. to distribute its products across the State...

Decenber 10th, 2017 - A CBD manufacturer with offices in Canada and California is moving further into the Canadian cannabis market, acquiring a 25% stake in a company in the final stages of licensing to make hemp and marijuana pharmaceutical products.
Isodiol...

July 31, 2017 /CNW/ – Aurora Cannabis Inc. announced that it will make a strategic investment in Hempco for an ownership stake of up to 19.9% on a fully diluted basis, subject to applicable regulatory approvals.
Hempco is one of the world’s largest...

April 11, 2017- Canada is set to detail its plans for legalized recreational marijuana, with the industry expecting a rush of mergers as companies seek a national footprint amid a patchwork of different rules in each province.
Prime Minister Justin...

August 11th, 2014 - Many startups in the cannabis industry are seeking capital as the “green rush” intensifies, promising to make investors wealthy in exchange for some much-needed cash.
But a fair share of these businesses struggle to find money,...

August 6th, 2014 - Four stock traders have been charged by the U.S. Securities and Exchange Commission with manipulating shares of cannabis companies in a pump-and-dump scheme.
The stocks affected include GrowLife and Hemp Inc., as well as some non-cannabis...